fxlevelz
EssentialLooks like CADJPY will continue downwards for this week. Price is rejecting 78.6 fib, 50 EMA, and 104 Whole Number (Psych Level). DISCLAIMER: This is not a signal and should only be taken at your own risk
EURGBP Broke out of range and retested. Broke back in but ultimately created a 4hr inverted head and shoulders pattern. Rejecting off 61.8 fib, 50 EMA DISCLAIMER: This is not a signal and should only be taken at your own risk
Price rejecting of Weekly Resistance and now broke lower lows on the 4 hr timeframe. Looking to short as there is a potential bearish market shift. Confluences of 38.2 fib, 50 and 100 EMA, Retest of Double top neckline, 4hr key level. Aggressive entry at yellow zone or wait for more confirmation on the LTFs. DISCLAIMER: This is not a signal and should only be...
Price hitting 4hr key level and 50% fib retracement. Broke out of a trendline and now retesting. Also 3rd touch of a descending trendline. Also rejecting 4hr 50 EMA. Short to previous support for 1:5 R:R DISCLAIMER: This is not a signal and should only be taken at your own risk
NZDJPY is still in bullish territory but rejected of minor daily resistance. Becareful into getting into a position but price is printing a double bottom on the 4hr and showing H1 RSI divergence indicating bears are losing momentum and the bulls might take over from here. Confluences are 38.2-50 % fib zone, rejecting off 50 and 100 EMA, and a 4hr key...
Price bounced off key level with a bullish engulfing candle. SL below the low, targeting the -27 extension which so happens to also be a Weekly resistance level. DISCLAIMER: This is not a signal and should only be taken at your own risk
DOLLAR rising 0.7300 psych level with 61.8 fib level 12hr 50 EMA rejection Daily trendline OVERALL BEARISH. Textbook short play
Looks like price still has the ability to have retrace a little more. Waiting for price to hit PRZ. We will wait for a rejection before getting in. No bearish momentum swings = no entry. Trendlines are useless to trade off but great for confluences and looks to be a beautiful trendline set up as well
Had went long already but price pulled back almost the whole way and now back into the zone I took the trade off. Still have a long bias due the dollar rising. Holding this pair till TP. Potential for this pair to rise up at least 400 pips from entry. Holding a 5R TP for now.
Price is at 151.00. Short as price is making LLs and now a LH. 50% retracement. 12hr 50 EMA 4hr Double top
Short at 87.00. 61.8 Confluence Price making LLs. 4hr H&S Beautiful price action
CADCHF is in a good position right now to short. 0.7200 psych level with a 38.2 fib. 1 hr RSI divergence.
Looking to short EURUSD at 1.1750 quarter point. 61.8 fib confluence as well. Price is currently retracing due to rejecting the 1.1700 psych level. Price is still BEARISH. No need to go against the trend. Be patient and let the market come to you
DOLLAR is rising. AUDUSD is bearish. Waiting for price to react to the level drawn out. If price rejects of the lower timeframes, we will look to short. REACT NOT PREDICT!
Trend is bearish so we will wait for price to retrace before taking a short position on CADJPY. Confluences: - 38.2 fib - 86.00 psych level - Daily resistance zone As traders we REACT, not predict. If price breaks this level, look for a potential short opp at the 87.00 psych which coincides with the 61.8 fib